Mexican hotel operator City Express plans to go public next month
Skift Take
Latin America’s boom in business travel comes after four years of continual growth giving travel-related companies the confidence needed to execute their riskier growth strategies including fleet revitalizations or IPOs.
Hoteles City Express SAB, a Mexican operator of hotels for business travelers, plans to raise about $250 million in an initial public offering this year, said Abelardo Loscos, a company investor relations official.
The hotel operator plans to carry out the offering next month, Losc
